Canola futures prices, both old crop and new crop, have fallen below $600 per tonne for the first time since December 2020. Corn and soybean futures last week were also the lowest since December 2020. Soy oil and Minneapolis spring wheat were the lowest since spring 2021. Will this price erosion stop? Crop traders appear […] Read more
Tag Archives ag markets

Mostly moderate temperatures lessen impact of dryness
In a summer when all the headlines have been about heat waves around the world, it is a blessing that the main grain and oilseed producing areas of North America have mostly avoided extreme heat. The news items about the record number of days that Phoenix, Arizona, had highs above 43 C and the vicious […] Read more